Which of the following is a result of high inventory turnover?
A) Improved employee morale
B) A decrease in the cost of goods sold
C) An increase in promotions and markdowns
D) Higher risk of product obsolescence
E) A decrease in profits

Question

Quizplus · Accepted Answer

Increasing inventory turnover can have positive impacts on sales by attracting more customer visits, improving sales associate morale, and providing more resources to take advantage of new buying opportunities.

Which of the Following Is a Result of High Inventory